Banking/Financial Service

Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment

RIYADH, Saudi Arabia, Dec. 13, 2021 /PRNewswire/ -- The Council of Ministers, in its session held today,12 December 2021, under the chairmanship of the Custodian of the Two Holy Mosques, KingSalman bin Abdulaziz approved the budget for the fiscal year 2022, with a total expenditure ofSAR 955 bill...

2021-12-13 16:21 4994

The CrownX Announces Final Capital Raising Round of USD350 million; Partners with TPG, ADIA and SeaTown

HO CHI MINH CITY, Vietnam, Dec. 13, 2021 /PRNewswire/ -- Masan Group Corporation (HOSE: MSN, "Masan") today announced the signing of a USD350 million primary investment in The CrownX Corporation (the "Company", "TCX") by a consortium of investors, including TPG, Platinum Orchid (a wholly owned s...

2021-12-13 16:09 4000

FXTRADING.com and Arbidyne Capital Pty Limited announce Partnership, Enhancing Future Operation in Retail Fund Management

SYDNEY, Dec. 13, 2021 /PRNewswire/ -- FXTRADING.com andArbidyne Capital Pty Limited today announced the partnership on an ASIC registered managed investment scheme. The partnership aims to enable the companies to better deliver compelling...

2021-12-13 14:38 4171

HKEX Welcomes First MSCI China A50 Connect Index ETFs

HONG KONG, Dec. 13, 2021 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is today (Monday) pleased to welcome the listings of the first ETFs to track the MSCI China A50 Connect Index. A total of three new ETFs that track the MSCI China A50 Connect Index are listing on HKEX, avail...

2021-12-13 13:14 2268

Circles.Life launches US$5 million stock buyback in one of the biggest pre-IPO ESOP liquidity events in Southeast Asia

* Employees of telco tech pioneer reap sizeable rewards from bumper stock cash-out * Earliest employee stocks awarded have grown over 13-fold in value to date * Unprecedented scale, frequency and accessibility of Circles.Life's ESOP affirms its status as one of the world's leading exponents ...

2021-12-13 09:00 4458

Phase 3 Data Show That TIBSOVO® (ivosidenib tablets) in Combination with Azacitidine Significantly Improves Event-Free Survival and Overall Survival in Patients with Previously Untreated IDH1-mutated Acute Myeloid Leukemia

* TIBSOVO in combination with azacitidine compared to placebo plus azacitidine also demonstrated significant improvement in complete remission rate, complete remission and complete remission with partial hematologic recovery rate and objective response rate * Safety profile was favorable and ...

2021-12-12 09:00 6951

Gaabor Held Its First Quarter Market Meeting in the Asia-Pacific region

MANILA, Philippines, Dec. 11, 2021 /PRNewswire/ -- Gaabor, a leading home appliance brand, recently held the first quarter market meeting in the Asia-Pacific region after its launch in the Southeast Asian market for nearly three months. At this meeting, Gaabor CEO,James Black said, "In the post...

2021-12-11 19:16 4583

The 10th Wuxi International Sister Cities Forum and 2021 Wuxi International Industrial Cooperation Conference Successfully Held

WUXI, China, Dec. 10, 2021 /PRNewswire/ -- On December 8th, the 10th Wuxi International Sister Cities Forum and 2021 Wuxi International Industrial Cooperation Conference was held in Yixing, known as the Capital of Ceramics. The 10th Wuxi Inter...

2021-12-10 20:45 3485

UnionPay International and Food Delivery Platform EASI Collaboration Makes Life More Convenient for Australians

SYDNEY, Dec. 10, 2021 /PRNewswire/ -- UnionPay International and popular food delivery app inAustralia, EASI, have strengthened their partnership by teaming up to actively give back to UnionPay cardholders, continuing to make life as convenient as possible for those working from home during ongoi...

2021-12-10 19:26 9685

Ping An Announces 2020 Climate Risk Management Report

HONG KONG and SHANGHAI, Dec. 10, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) has published its 2020 Climate Risk Management Report (hereafter "Report"). The report coversPing An's green finance strategy elaborat...

2021-12-10 19:21 5226

KPMG reports global revenues of $32.13 billion for FY21, focus on strategy enables 10% growth

HONG KONG, Dec. 10, 2021 /PRNewswire/ -- KPMG International announced today annual aggregated revenues for KPMG firms globally of$32.13 billion for the fiscal year ending30 September 2021 (FY21). Reporting a 10% increase in US dollar revenues from FY20, this follows an extensive period of investm...

2021-12-10 18:10 2844

Guizhou reaps a bumper harvest with grain output up 3.49 pct in 2021

GUIYANG, China, Dec. 10, 2021 /PRNewswire/ -- The National Bureau of Statistics (NBS) said on Dec, 6th thatGuizhou secured yet another bumper harvest, with grain output up 3.49 percent year-on-year,Guizhou's total grain output reached nearly 10.949 million tons in 2021. The total sown area is 41...

2021-12-10 18:10 2542

UMKM EXPO(RT) BRILIANPRENEUR 2021: BRI Promotes the Digitalization of Indonesian MSMEs

JAKARTA, Indonesia, Dec. 10, 2021 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Tbk (IDX:BBRI) presents this year's UMKM EXPO(RT) BRILIANPRENEUR in fully digital format, from9-16 December 2021. It will pamper visitors with a 3D experience from 500 curated MSMEs, making it the biggest virtual baz...

2021-12-10 15:28 6937

Qiming's Portfolio Company CANbridge Pharmaceuticals Lists on Main Board of HKEx

SHANGHAI, Dec. 10, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company CANbridge Pharmaceuticals (SEHK: 1228), a leadingChina-based global rare disease-focused biopharmaceutical company, today listed on the main board of Hong Kong Stock Exchange. The issue price isHK$ 12.18 per share,...

2021-12-10 15:15 5500

Bizzi, Vietnamese Invoice Automation Startup, Awarded Winner of the Prestigious ASEAN Digital Transformation Award - Financial Services 2021

HO CHI MINH CITY, Vietnam, Dec. 10, 2021 /PRNewswire/ -- Bizzi , a Vietnam-based accounts payable automation SaaS, emerged as the winner of the Digital Transformation (DX) Award 2021 organised by the Swiss Chamber of Commerce and Industry (SwissCham) inSingapore

2021-12-10 14:26 5769

People attending 2021 Understanding China Conference (Guangzhou) call for more international cooperation in tackling global challenges

GUANGZHOU, China, Dec. 10, 2021 /PRNewswire/ -- Themed "Whence and Whither -- Unprecedented Changes in the World andChina and the CPC", 2021 Understanding China Conference (Guangzhou), scheduled from Dec. 1 to 4 in the southern Chinese city ofGuangzhou, has attracted nearly 80 celebrated figures ...

2021-12-10 13:29 2626

Disrupting Transactions, Minna Technologies Enables a 1-Click Revolution in Banking

Amazon revolutionized purchasing with "1-Click". Now, Swedish Fintech Minna Technologies is bringing the '1-click' experience to banks' mobile applications, further showcasing the promise of open banking. GOTHENBURG, Sweden, Dec. 10, 2021 /PRNewswire/ -- Amazon invented the "1-Click" checkout, g...

2021-12-10 09:18 3493

Plug and Play to open largest innovation center in Hyderabad, India

HYDERABAD, India, Dec. 10, 2021 /PRNewswire/ -- Plug and Play LLC, one of the world's largest early-stage investor, accelerator, and corporate innovation platforms globally is opening itsIndia operations in Q1, 2022. Plug and Play currently has over 35 office locations around the globe and will n...

2021-12-10 09:10 2454

Mambu raises €235 million at €4.9 billion valuation in EQT Growth-led Series E

* Market-leading SaaS banking platform is now valued at nearly €5 billion, making it the largest private fundraise to date for a banking software platform * The round is led by EQT Growth, which shares and will support Mambu's commitment to sustainability, diversity and inclusion and workplace...

2021-12-10 09:00 2965

Blue Owl Capital Acquires Ascentium to Establish Hong Kong Presence as Part of Further APAC Expansion

NEW YORK, Dec. 10, 2021 /PRNewswire/ -- Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, today announced it acquired Ascentium Group Limited to establish its physical presence in Hong Kong.  Blue Owl recently opened an office inSingapore, so the Ascentium acquisition and establi...

2021-12-10 09:00 6444
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